Press "Enter" to skip to content

Posts published in “Day: November 7, 2017

The root cause of China’s financial fragility – according to its central bank chief

by Jane Cai in South China Morning Post, Nov 7, 2017 China’s central bank chief has lashed out at local governments, saying their constant calls for looser monetary policy in all economic weather are the root cause of the country’s financial fragility. Zhou Xiaochuan, who has been governor of the People’s Bank of China (PBOC) for the last 15 years, said the PBOC was expected to turn on the cash taps to support growth in…

China’s Censors Stepped Up Surveillance a Year Before Party Congress, Study Finds

By Alyssa Abkowitz in the Wall St ?Journal, Nov. 6, 2017 9:00 a.m. ET BEIJING—Online censorship of China’s powerful political gathering that took place last month began more than a year in advance—showing a new level of forethought by Chinese censors, according to a new study. The University of Toronto’s Citizen Lab found that the stepped-up surveillance was far reaching, and included even positive, nationalist slogans such as the “Chinese dream” and “socialism with Chinese…

Bangladesh-China 1320mw Project: Cabinet okays 2 power plants

Report in The Daily Star, Nov 7, 2017 Dhaka: The cabinet yesterday approved the draft of a joint venture agreement between Bangladesh’s Rural Power Company Ltd and Norinco International of China to build two power plants to produce 1,320 MW electricity. The approval was given at the weekly cabinet meeting at the Prime Minister’s Office, with Prime Minister Sheikh Hasina in the chair. “The power plants will be set up in Paira Port area of…

Mumbai attacks hurt Kashmir cause: ex-Pakistan foreign secretary

by Anwar Iqbal in Dawn, November 7th, 2017 WASHINGTON: The 2008 terrorist attacks in Mumbai have done an irreparable damage to the Kashmir cause and tarnished Pakistan’s image as well, says former foreign secretary Riaz Mohammad Khan. In November 2008, militants carried out 12 coordinated attacks in Mumbai, killing 164 people. The attacks drew widespread global condemnation and India used the attackers’ alleged link to Lashkar-e-Taiba for blaming Pakistan. Islamabad strongly rejected the Indian claim…